DEBT•ULTRA SHORT DURATION FUND
Axis Ultra Short Duration Fund
3 Year return
7.45%
NAV on August 10, 2026
16.8065
1D Returns
0%
Launched on August 2018(8 years)
Investment Details
₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
12.36%₹445
Total Value ₹4,045
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹4,948.69 Cr.
Expense Ratio
0.36% (inclusive of GST)
Exit Load
Nil
Ratings
2
Ratings by other agencies
Value Research
4
Crisil
2
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
Axis Mutual Fund Manager
HS
Hardik Satra
Fund Manager since Nov 2024
SJ
Sachin Jain
Fund Manager since Sep 2020
Fund House Details
Axis Mutual Fund
Asset management company
AUM
₹3,77,445.09 Cr.
No. of Schemes
276
Setup Date
January 2009
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| UTI Ultra Short Duration Fund | 7.3332% | 2.5 |
| Nippon India Ultra Short Duration Fund | 7.5958% | 3 |
| ICICI Prudential Ultra Short Term Fund | 7.4289% | 5 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment10.7069%
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment10.283%
Axis Ultra Short Term Fund Direct-Growth is an Ultra Short Duration mutual fund scheme offered by Axis Mutual Fund. This open-ended ultra-short-duration debt scheme tactically allocates its investments in specific instruments, aiming to maintain the Macaulay duration of the portfolio between a span of 3 and 6 months.
The minimum lump sum investment required for this fund is INR 5000.00, and for a systematic investment plan (SIP), it is INR 1000.00. Notably, the Axis Ultra Short Term Fund Direct-Growth plan has no lock-in period, providing investors with the flexibility to withdraw their investment when needed.
Investment Objectives of the Scheme
The main investment objective of this scheme is to generate regular income and capital appreciation. It seeks to achieve this by investing in a portfolio of short-term debt and money market instruments. The instruments chosen for investment usually pose relatively lower interest rate risk, while ensuring that the Macaulay duration of the portfolio persists within a time frame of 3 to 6 months. The aim here is to provide steady returns while keeping the risk level in check.
Key Features of The Fund
5-year return
6.7052%
Expense Ratio
0.36%
Fund Manager
Hardik Satra
Fund Size
₹4948.69 Cr.
Risk Profile
Moderately Low
Is This Scheme Right for Me?
The Axis Ultra Short-Term Fund is suitable for investors who seek to invest for a very short term. It can serve as a potential alternative to bank accounts or deposits for those looking for higher returns. This fund offers an opportunity to earn returns while keeping their principal at low to moderate risk. However, as with any investment, the level of risk is inherent and investors should fully understand their risk tolerance before investing.
AMC Contact Details
| Name | Axis Mutual Fund |
| Launch Date | January 2009 |
| Address | Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025 |
| Contact | 8108622211 |
| customerservice@axismf.com | |
| Website | https://www.axismf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Planning Tool at You Fingertips Now – SIP Calculator
Estimating and comparing your returns from different mutual funds can happen within under a minute with just 3 steps:
Step 1: Open Angel One's free SIP calculator.
Step 2: Enter your SIP Amount, investment horizon, and expected rate of return.
Step 3: Compare!
FAQs
What is today's NAV of Axis Ultra Short Duration Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Ultra Short Duration Fund on August 10, 2026, is ₹16.8065
What is the AUM of Axis Ultra Short Duration Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Ultra Short Duration Fund, is ₹4948.69 crore.
What is the expense ratio of Axis Ultra Short Duration Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Axis Ultra Short Duration Fund is 0.36%
What are the returns of Axis Ultra Short Duration Fund since inception?
The Axis Ultra Short Duration Fund was launched on August 27, 2018. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Axis Ultra Short Duration Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Ultra Short Duration Fund is ₹100.
How do I invest in Axis Ultra Short Duration Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Axis Ultra Short Duration Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Ultra Short Duration Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Axis Ultra Short Duration Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹4,045 in 3Y at 7.45% returns
SIP Date1st of every month
Your next SIP Payment will be on 10 September 2026
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